Date of Award
Bachelor of Business Administration (BBA)
Department of Finance and Business Law
Capital structure is one of the most important topics in Corporate Finance, and still attracting many famous scholars to explain factors that affect firms’ choice of capital structure. In this paper, we first discuss the importance of capital structure to a company itself, and to its investors. Secondly, I will introduce the concept of operating leases as an important component of debt. Then, we review the most famous capital structure theories to see what factors affects theoretically optimal capital structure and CFO decisions on capital structure. Finally, I point out some statistical issues in studying capital structure and suggest some remedies to these problems.
Bui, Long Thai, "Capital structure study: Accounting and statistical issues" (2014). Senior Honors Projects, 2010-current. 394.